For Sale
7055 Costello Drive, Grayling, MI 49738
$575,000
MLS # 201841370
2 beds1 bathBuilt 19681.59 acres
1 / 36
Listing Description
Charm and Comfort abound within and about this Au Sable North Branch Ranch! Your Riverfront Views are enhanced by the 35 foot proximity to the river itself. Very recent updates throughout capture its essence., Age: 31+ Years Approx
Source: SparkMLS
About this home
Located in Grayling, this property offers 2-bedroom, 1-bath, with original construction dating to 1968.
Asking $575,000.
Electric service is provided by Great Lakes Energy Cooperative; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms2
Bathrooms1
Lot Size1.59 acres
Year Built1968
Location
CityGrayling
MunicipalityLovells Twp
Zip Code49738
CountyCrawford
Sale & Financing
Listed7/8/2026
Source: SparkMLS
Property Records
FEMA Flood Zone: Zone A — 100-year floodplain (no base flood elevation)
Flood insurance required for federally backed mortgages
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Lance G Weyeneth Mr.
Headwater Realty, LLC
Frequently Asked Questions about 7055 Costello Drive, Grayling, MI 49738
Is 7055 Costello Drive, Grayling, MI 49738 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 7055 Costello Drive, Grayling, MI 49738 is in flood zone A (high risk). Flood insurance is required for federally-backed mortgages in this zone. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Great Lakes Energy Cooperative. Gas: DTE Gas Company. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the Lovells Twp police department or the Crawford County sheriff's office.
Map
Mortgage Calculator
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Monthly payment$3,729
Principal & interest$3,729
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Great Lakes Energy Cooperative
Co-op
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
7055 Costello Drive, Grayling, MI 49738
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